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In Canada, the lotteries pay out about 40% of their revenue in prizes (with no taxes on winnings). Those are the only odds that matter. Those arenât good odds. (OTOH, a lottery ticket is a pretty cheap way to purchase a fantasy to entertain yourself for a while.)
That money is rolled over into the next draw when no one wins the jackpot. The odds can turn in the customerâs favour when enough accumulates for an enormous jackpot. When the pot builds up to equal more than the amount new ticket sales bring in, buying a ticket makes sense. Even if, for example, you only have a one-in-a-million chance of winning, if the prize is more than a million times the cost of a ticket, then the odds are in your favour.
I find it interesting that in almost every case of a word being used twice in row, incorrectly, itâs because the word is at the end of a line. I think it has something to do with our brains âresettingâ for the next line, and as the last word of the previous line is still in our âbufferâ, thatâs the word we start the next line withâŠ
Yakety Sax over 1 year ago
I occasionally play. But i have never âplay playâ-ed.
jaxxxon58 over 1 year ago
What are the chances that the winning numbers are 1, 2, 3, 4, 5, 6? And you are still playing?
Ink blot Premium Member over 1 year ago
In Canada, the lotteries pay out about 40% of their revenue in prizes (with no taxes on winnings). Those are the only odds that matter. Those arenât good odds. (OTOH, a lottery ticket is a pretty cheap way to purchase a fantasy to entertain yourself for a while.)
That money is rolled over into the next draw when no one wins the jackpot. The odds can turn in the customerâs favour when enough accumulates for an enormous jackpot. When the pot builds up to equal more than the amount new ticket sales bring in, buying a ticket makes sense. Even if, for example, you only have a one-in-a-million chance of winning, if the prize is more than a million times the cost of a ticket, then the odds are in your favour.
Ken8338 Premium Member over 1 year ago
The lottery is millions of stupid people making another stupid person look smart.
PrairieFlower over 1 year ago
The former copy editor in me canât get past the first panel.
ChessPirate over 1 year ago
I find it interesting that in almost every case of a word being used twice in row, incorrectly, itâs because the word is at the end of a line. I think it has something to do with our brains âresettingâ for the next line, and as the last word of the previous line is still in our âbufferâ, thatâs the word we start the next line withâŠ
mountainclimber over 1 year ago
BTW, I enjoyed the comics about quantum physics and now about statistics. Much more interesting than bad hackneyed puns.
Ken Norris Premium Member over 1 year ago
I seem to remember reading about a large group in Australia that bought almost every ticket combination and came out ahead of their investmentâŠ
sobrown51 over 1 year ago
Is play play anything like cray cray?
erin.adamic Premium Member over 1 year ago
Doesnât âastronomicalâ mean âhuge?â
stillfickled Premium Member over 1 year ago
In the first panel Betty should have said âNo,no.â
rwam over 1 year ago
Lotteries are a tax on people who are bad at math.
PaulGoes over 1 year ago
How do you âplay playâ the lottery?